The idea is to get you better prepared by focusing on things that matter.

They Increase your success rate вЂ“ You get access to question banks and some providers also allow you access to doubt clearing sessions which help out a lot.

This helps you better grasp the topics and that translates to higher performance in the exams.

Most packages get you access to instructional videos which essentially just feed you all that you need to know in an easily digestible format. They make it a lot easier вЂ“ FRM is not the easiest of exams.Prep courses give you the same amount of information but in a condensed and easier to read format. They make for good reading, but its very time inefficient to go through them to clear the exams. They save you a lot of time вЂ“ The recommended readings are far too extensive.I myself used them for both the FRM exams as well as Level 1 and 2 of the CFA exam. Most of my colleagues who cleared the FRM and CFA exams did indeed use a prep course, videos or extra study material. ItвЂ™s more quant-heavy and requires a deeper understanding of several mathematical and statistical concepts. When it comes to Risk Management, FRM is the gold standard.В I cleared the CFA Level 1 and FRM Level 1 exams within two weeks of each other back in 2009, and I definitely remember sweating more preparing for the FRM exam. Banks, corporations and regulators alike were shocked into action after the last financial crisis and Risk Management is now more important in all areas of banking and finance and even corporate management. The FRM certification has been consistently gaining popularity over the last decade or so.

Commercial Banking & Credit Analyst (CBCA)в„ў.Chartered Investment Banking Analyst (CIBAв„ў).Financial Modeling & Valuation Analyst (FMVA)В®.Relationship Management/ Client Coverage.

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